The Development Path of China
The People’s Republic is now almost twenty-five years old. This is little in relation to China’s three thousand years of unbroken, independent civilisation. It is also a very short time -barely the space of one generation — in which to master the problem of economic backwardness. In this chapter an attempt is made to capture the essence of what had to be done to modernise China, what has been attempted and what has been achieved.
KeywordsDevelopment Path Heavy Industry Cultural Revolution Great Leap Material Incentive
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